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SRJ Corporation entered into the following transactions: The accrual of interest expense on a six-month note payable. .Collected cash for services to be provided
SRJ Corporation entered into the following transactions: The accrual of interest expense on a six-month note payable. .Collected cash for services to be provided within the next six months. .The reclassification of short-term debt to long-term debt. Which of the transactions for SRJ Corporation resulted in a decrease in working capital? Multiple Choice Collecting cash for services to be provided in the future. Both the accrual of interest expense and collecting cash for services to be provided in the future. The accrual of interest expense. Collecting cash on accounts receivable.
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